Just when many had written meme coins off, two tokens are spearheading the comeback.
Pepe (PEPE) and PeiPei (PEIPEI) have seen their prices surge in the past 24 hours.
And with the entire crypto market back in the green, investors are now wondering which meme coins could be next to pump.
PEPE & PEIPEI Lead the Meme Coin Comeback
PEPE has led the meme coin comeback, climbing over 29% in the past 24 hours.
The token, which had dropped to as low as $0.0000058, has even flipped Dogecoin (DOGE) to become the most traded meme coin by volume.
Just last week, any mention of PEPE got eye rolls.
But now, it’s one of the best-performing joke tokens out there.
However, momentum has been slowing down in the past few hours, likely due to profit-taking from those who got in early on the way up.
Not far behind is PEIPEI, which has rocketed 73% from yesterday’s lows to its current level of $0.000000186.
This frog-themed token is experiencing a similar rally to PEPE.
Like PEPE, PEIPEI is now struggling to maintain its momentum, stalling at the 50-period exponential moving average (EMA) on the 4-hour chart.
All in all, despite the slowdown in the past few hours, both PEPE and PEIPEI have delivered strong gains in the past day.
Crypto Market Turns Green as Major Coins Post Big Gains
Almost the entire crypto market is green, with most major coins and tokens seeing big gains.
Bitcoin (BTC) is up over 8%, bouncing back above $54,000 after dipping below $50,000 yesterday.
Ethereum (ETH) has jumped 9%, and Solana (SOL) has surged nearly 20%.
Kaspa (KAS), with a massive 25% rise, stole the spotlight as the market’s top performer.
All of this has helped the global crypto market cap increase by 10% – climbing back above $1.9 trillion.
Adding to the positive vibes, open interest in Bitcoin futures has grown by around $600 million from yesterday’s lows.
It seems the recent dip was just a pullback since BTC stayed above $50,000.
For some traders, this might have been the shakeout needed before the next big move up.
For others, it’s a sign that the market is still unpredictable.
Either way, everyone’s watching the charts closely today, waiting to see what happens next.
Which Meme Coins Could Pump Next?
With PEPE and PEIPEI leading the way, investors are scouring social media to find which meme coins could be next to pump.
A few candidates have begun drawing interest – and Pepe Unchained (PEPU) is attracting the most attention.
Is Pepe Unchained the Next Big Meme Coin as Presale Soars Past $7.4M
Pepe Unchained has become one of the most talked-about meme coins on the market.
While other coins are still trying to recover their losses, Pepe Unchained has just passed the $7.4 million mark in its presale.
This fundraising shows investors are still confident in it despite the shaky conditions.
Pepe Unchained stands out because of its Layer-2 network, which will offer super-low costs and lightning-fast speeds.
This network could be the foundation for a whole new meme coin economy.
Pepe Unchained’s whitepaper claims its Layer-2 will be 100 times faster than Ethereum – a bold statement that has caught investors’ attention.
If the team delivers on this promise, it could shake up how meme coins operate.
Adding to its appeal, Pepe Unchained also has a staking protocol for its native PEPU token.
This protocol currently offers APYs of 262%.
Security is also a big deal for the team, so they’ve had PEPU’s smart contracts audited by both Coinsult and SolidProof.
With all these elements, it’s no surprise Pepe Unchained has begun trending on social media.
The project’s Twitter page now has over 9,600 followers.
And even crypto influencer Austin Hilton mentioned it in a recent tweet.
So, with the meme coin market thriving once more, the future looks bright for Pepe Unchained.
